Nigeria's instant payment system ranks among the world's most advanced, driven by fintech innovation and regulatory reforms, according to the Central Bank of Nigeria. Learn more about this ...

MANILA, Philippines - ABS-CBN Corp. is aiming to return to profitability in about 18 months as cash from the sale of its Quezon City hub and an anticipated recovery of advertising revenues soften a ...

Naira strengthens against the dollar, driven by CBN intervention and foreign portfolio investment inflow. Analysts predict continued stability, but global pressures remain a concern.

The Central Bank of Nigeria (CBN) has introduced temporary restrictions on the payment of dividends and bonuses by a small group of banks as part of its broader strategy to strengthen the ...

The House of Representatives has ordered the Central Bank of Nigeria (CBN) to remit N3.64 trillion to the Federal Government within 14 days, representing 70 percent of the apex bank’s N5.2 ...

CBN said these include temporary restrictions on capital distributions, such as dividends and bonuses, to support retention of internally generated funds and bolster capital adequacy.

The Nation Newspaper Osun council crisis: NULGE warns CBN against paying allocation into private accounts ...

He, however, said the CBN Monetary Policy Committee should ease interest rate, unlike in May, when it maintained the MPR at 27.50 percent. According to him, easing of monetary tools would have a ...

ABS-CBN Corp. is on track to return to profitability within the next 18 months, five years after the shutdown of its broadcast operations, as it doubles down on global content creation and digital ...